Business investment banker Kevin O'Leary (O'Leary Funds) provided his commentary on the recent volatility in Bitcoin pricing during a CBC interview.

His take on the matter is that since Bitcoin has hit the $1B threshold and people are accepting Bitcoin for hard assets, the currency has earned its place among the world currencies. He also commented that he personally is interested in taking an active position of 1-2% in the currency itself through O'Leary Funds.